Follow us

Generic filters
Exact matches only
Search in title
Search in content
Generic filters
Exact matches only
Search in title
Search in content
19 Mar, 2024

COFACE Member FLW’s housing loans: Support for retired parents 

COFACE member, Fonds du Logement Wallonie (FLW) provides housing loans to large families for the creation of special accommodation for one or more parents aged 60 or over. Since 2022, this option has been available to all households (with or without children) meeting certain income conditions: total taxable income for the penultimate year, i.e. 2022 for an application submitted in 2024, may not exceed EUR 76,000, plus EUR 5,000 per dependent child. 

The aim of this extension is to stimulate solidarity between the generations, and is part of the solution to the problem of housing for senior citizens: the high cost and shortage of accommodation in nursing homes, large family homes that are under-occupied and remote from essential services, and so on. 

Transforming an old farmhouse 

Nearly 400 senior citizens have benefited from this initiative to date. Very recently, in its new management contract with Wallonia, the FLW renewed its commitment to this segment, which it even plans to expand. 

Marc and Sylvie have three children between them. They bought an old farmhouse in Musson in the province of Luxembourg. The property was ideal as a home for Marc’s parents, who had recently retired to Charleroi and wanted to be closer to their only son and grandson.  

“We bought this property in 2019 because it could be extended and converted at a later date. The time for the work came sooner than we expected… the never-ending rise in prices pushed us over the edge,” explains Marc. 

The couple recently obtained a loan of EUR 60,000 without mortgage registration, at an interest rate of 3%, to carry out their conversion work. 

Read more here. 

Related Posts

News
Graphic with text calling for action on age, disability, exclusion issues with a hashtag "#jesonnealalarme" and a megaphone icon, urging to sign a petition. background is red.
Rallying for dignity: Unapei launches national petition for improved healthcare in France

Rallying for dignity: Unapei launches national petition for improved healthcare in France

For months, COFACE Disability Platform, Unapei, and other solidarity and healthcare associations have voiced concerns about the conditions of non-profit establishments and services implementing French local government policies. Alongside Uniopss (National Interfederal Union of Non-Profit Health and Social Organizations), Unapei is launching a petition, "For Dignified Support: Let's Sound the Alarm Together." It urges everyone to take action, including pushing for these topics to be discussed in the social life councils of establishments.

Read More

News
Joint statement: Time for an ambitious European Long-Term Care Platform

Joint statement: Time for an ambitious European Long-Term Care Platform

In view of the High-Level event of the Belgian presidency of the EU on the European Pillar of Social Rights taking place in La Hulpe on 15 and 16th April 2024, as well as the upcoming European elections, 16 European organisations call on EU policy makers to enhance the implementation of Pillar principle 18 on the right to long-term care under the next 2024-2029 legislature, starting with the creation of a European Long-Term Care Platform.

Read More

NewsOpinions
Family members Playing Video Games on sofa
OPINION – Making video games fun for families: the crucial role of family settings awareness

OPINION – Making video games fun for families: the crucial role of family settings awareness

53% of Europe’s population between the ages of 6 and 64 plays video games. And, whilst the average age of a player is 32, many players are children. Europe’s video game companies are dedicated to creating games for everyone to enjoy and, also, importantly, to provide safe, responsible environments for those games to be enjoyed in.

Read More